Mountain Lake Resources Inc V.MOA

Sp in chains

[Touse]

So why is the SP still being held back if there is so much upside?
is it because land claim ownership is still unclear?
or that MOA may lose control if it's obligations are not met?

this SP should be much higher than this if they are standing on a mound of gold!

[Cousin_Gert]

There should to be no issues with claim ownership as this property is in Nfld where to even be exploring, the licensing process would have this all cleared up. This property has a nice history where MOA has demonstrated by such things as JV'ing with MAR that this would not be the case...MAR would not be committing to the $ millions for earn-in without full DD. In fact if you look at the

[JR5]

Expect more results this week. Just never know how much visible gold may come up in the next set of drill cores. Have to wonder if the New island dance was a real attempt at getting part of a possible producing property or was it the beginning of a strategy to buy time and prevent a take over attempt while they build the resource base. Guessing they will at least come away with Glover for their

[chux02]

"Would expect a merger of MOA and MAR and a spin off of all the other properties of MOA."I'm thinking it would be closer to a dinner invitation and then finding out you're the main course....You add those two together and you still get a relatively small Canadian mining company that owns some desirable gold and PGM projects/deposits that's still basically in a small pond

[Cousin_Gert]

It is very nice to know that MOA already has a very fine "Shareholder Rights" plan in place. No one can take over MOA if the BOD doesn't want it to happen. I would conservatively guess even a 100% premium to today's share price would be unattractive. I can see $2.00 as a real possibility in less that 1 year(perhaps soon after a new 43-101???), so a merger with anyone has to

[brianjames]

I totally agree Gert.  This stock should be sitting at at least $1.50 right now with what is known and the price of gold holding at $1200 an oz.........and only going up from there when the 43-101 comes out.  BJ